Institutional Ventures Partners leads a $50m D round into US-based One Kings Lane, a flash sales site for the home market, in a round also backed by US-based media company Scripps Networks Interactive.

Singapore Telecommunications's corporate venturing unit, SingTel Innov8, participates in a $570k round of seed funding, which was led by TNF Ventures, for web travel booking start-up Flocations.

Concur invests $2m into Evature, a provider of natural-language search capabilities for online travel, reportedly via its newly formed $150m Concur Perfect Trip Fund.

Summit Partners has invested $26m in Malaysia-based e-commerce website Lazada, created by Rocket Internet, and backed by investors including JP Morgan.

Nandi Proteins, a spin-out of Heriot Watt University, signs a deal with ingredients producer Tate & Lyle for technology.

Bright Capital Digital backs the German online auction site which has raised $20m from e.ventures, Holtzbrinck Ventures, and the Raffay Group. This article was written by our partners for Russia East-West Digital News.

Korean e-commerce company G-market leads the $12m Series A into online discount website NoMoreRack

Globe Telecom invests $100,000 in Kalibrr, a startup aimed at capitalising on growth in the Philippines's offshore outsourcing sector.